Ukraine extends deadline for confirming intellectual property rights for 90 days after war

The terms related to the protection of intellectual property rights, as well as the procedures for acquiring these rights, are suspended for the duration of martial law, such a law On the protection of interests in the field of intellectual property during martial law (No. 7228) was adopted by the Verkhovna Rada 1 April, with … Read more

Rada at first reading backs 50% increase in some taxes for intl companies refused to leave Russian market – MP

The Verkhovna Rada adopted at a first reading bill No. 7232, which provides for the application of a coefficient of 1.5 to the rates of corporate income tax, environmental tax, royalty and property tax for companies that refuse to leave the Russian market. A total of 309 MPs backed the bill at the first reading … Read more

Ukraine’s eurobonds rise by 10.9%-16.6% on news about talks in Istanbul

Eurobonds of Ukraine on Tuesday rose by an average of 14.4% on news of the results of negotiations between Kyiv and Moscow in Istanbul: if securities maturing in 2023 and 2024 grew in price by 10.6% to 12.5%, then growth prices of shorter and longer ones reached 17.2% and 16.6%, respectively. According to Bloomberg at … Read more

Prime Minister Shmyhal: the total damage from Russian aggression is estimated at a trillion dollars, and the loss of GDP – 35%

The total damage from the war, including future periods, reaches a trillion dollars. This was stated by Prime Minister Denys Shmyhal in an interview with Interfax-Ukraine. He also noted that the contraction of the Ukrainian economy in the month of full-scale war is estimated at 35% and above. “We see that now when the hostilities … Read more

Ukraine carefully fulfills its debt obligations, creates Debt Management and Redemption Fund – PM

Ukraine continues to carefully fulfill its debt obligations, has created a Debt Management and Redemption Fund, Prime Minister Denys Shmyhal has said. “Ukraine has always carefully fulfilled its obligations. This is the image of the state. On March 1, the Ministry of Finance of Ukraine made a coupon payment in the amount of $292 million … Read more

Volume of hryvnia cash down for first time since start of war – NBU Council head

The liquidity of the banking system (in the form of balances on correspondent accounts and in deposit certificates of the National Bank of Ukraine) is about UAH 190 billion, or 3.5 times more than the norm, which is enough to fulfill the payment orders of customers, Head of the NBU Council Bohdan Danylyshyn said. “It … Read more

Ukraine will continue gas transit as long as it is technically possible – Naftogaz head

Ukraine will continue to transit Russian natural gas as long as it is technically possible, but proposes to freeze funds from its sale on escrow accounts until the withdrawal of Russian troops from Ukraine, head of the board of NJSC Naftogaz Ukrainy Yuriy Vitrenko said to Bloomberg. “At the moment, it has been decided that … Read more

Synchronization with ENTSO-E to increase grid transmission capacity between Ukraine, Europe up to 5 GW

Synchronization of the Integrated Power System (IPS) of Ukraine with European ENTSO-E will increase the capacity of power lines between Ukraine and Europe up to 5 GW, Minister of Energy Herman Haluschenko said in his column “Energy visa-free regime. United front with Europe” in Ukrainska Pravda on Saturday. “There are a number of technological initiatives … Read more

Import for defense, people to be without VAT, duties and bureaucracy – Zelensky

The government of Ukraine has worked out solutions for a complete reset of customs, which will make it possible to facilitate and speed up the import of goods necessary for defense and people as much as possible, President Volodymyr Zelensky said in a video message on Saturday night. “Cargo for our defense, for our people … Read more